Stephen Kelly, on behalf of HKIP, said: "We are delighted to have acquired an excellent property in one of the best business locations in the country.

"This deal represents our third property investment this year, having already completed purchases in both Aberdeen and Lanarkshire on behalf of our investors, and cements our current position as one of the most active operators in the Scottish marketplace."

Philip Johnston, associate director property finance at Barclays in Edinburgh, said: "The HKI Partnership has a good reputation amongst the Scottish business community and is backed by an experienced, enthusiastic and strong management team.

"The company has a sound, growing property portfolio and has ambitious plans for the future."